ING Group Portfolio holdings
ING Group is a Dutch bank created in 1991 when the banking group NMB Postbank merged with the insurer Nationale-Nederlanden. It is a global bank with a strong European base, offering savings, payments, investments, loans and mortgages to retail customers and lending, corporate finance and debt and equity market services to wholesale clients. ING took the direct banking model it developed at NMB Postbank abroad, launching ING Direct banks in several countries. After accepting Dutch state aid in 2008, it was required by the EU to sell its insurance businesses in several regions and some of its ING Direct banks, including those in North America and the UK. It sold its last shares in its separated insurance arm, NN Group, in 2016, leaving it purely a bank.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$602M |
| 2 |
Mondelez International
MDLZ
|
+$350M |
| 3 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$196M |
| 4 |
Enterprise Products Partners
EPD
|
+$182M |
| 5 |
Enbridge
ENB
|
+$121M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$533M |
| 2 |
Apple
AAPL
|
+$312M |
| 3 |
Bank of America
BAC
|
+$301M |
| 4 |
Microsoft
MSFT
|
+$253M |
| 5 |
Pfizer
PFE
|
+$244M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 30.11% |
| 2 | Financials | 20.04% |
| 3 | Miscellaneous | 9.76% |
| 4 | Materials | 9.44% |
| 5 | Technology | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Bank of America
BAC
$346B
| $753M | 9.39% |
55,747,776
-22,315,508
| -29% | -$301M |
2013 Q2
11 quarters
|
|
|
2
Air Products & Chemicals
APD
$70.5B
| $706M | 8.81% |
5,301,719
+4,974,796
| +1,522% | +$602M |
2015 Q4
1 quarter
|
|
|
ETP
3
DELISTED
Energy Transfer Partners L.p.
ETP
| $418M | 5.22% |
12,947,182
+7,028,486
| +119% | +$196M |
2014 Q4
5 quarters
|
|
|
4
Mondelez International
MDLZ
$82.2B
| $360M | 4.49% |
8,979,951
+8,607,565
| +2,311% | +$350M |
2013 Q2
11 quarters
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $359M | 4.48% |
1,747,752
-756,464
| -30% | -$148M |
2013 Q2
11 quarters
|
|
|
6
Apple
AAPL
$5.03T
| $323M | 4.03% |
11,874,600
-12,502,836
| -51% | -$312M |
2013 Q2
11 quarters
|
|
|
7
Enterprise Products Partners
EPD
$82.4B
| $296M | 3.69% |
12,023,135
+7,825,356
| +186% | +$182M |
2013 Q2
11 quarters
|
|
8
Energy Transfer Partners
ET
$72B
| $216M | 2.69% |
30,327,850
+14,158,432
| +88% | +$111M |
2013 Q2
11 quarters
|
|
9
Blackstone
BX
$94.6B
| $179M | 2.23% |
6,369,508
-399,244
| -6% | -$10.5M |
2013 Q2
11 quarters
|
|
10
Plains All American Pipeline
PAA
$18.7B
| $142M | 1.78% |
6,804,128
+4,093,128
| +151% | +$86.1M |
2014 Q4
5 quarters
|
|
|
WPZ
11
DELISTED
Williams Partners L.P.
WPZ
| $141M | 1.76% |
6,913,797
+2,659,597
| +63% | +$52.2M |
2015 Q4
1 quarter
|
|
|
12
Enbridge
ENB
$110B
| $138M | 1.72% |
+3,553,833
| New | +$121M |
2016 Q1
0 quarters
|
|
|
MMP
13
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $137M | 1.71% |
1,998,489
+1,271,489
| +175% | +$83.1M |
2015 Q2
3 quarters
|
|
|
BPL
14
DELISTED
Buckeye Partners, L.P.
BPL
| $136M | 1.7% |
2,001,974
+1,512,974
| +309% | +$92.4M |
2014 Q3
6 quarters
|
|
|
15
Microsoft
MSFT
$3.88T
| $116M | 1.45% |
2,101,069
-4,827,290
| -70% | -$253M |
2013 Q2
11 quarters
|
|
16
MPLX
MPLX
$61B
| $115M | 1.43% |
3,862,882
+1,587,053
| +70% | +$43.1M |
2015 Q1
4 quarters
|
|
|
MDVN
17
DELISTED
MEDIVATION, INC.
MDVN
| $113M | 1.41% |
2,459,367
+2,451,367
| +30,642% | +$88.9M |
2014 Q3
6 quarters
|
|
|
BWP
18
DELISTED
Boardwalk Pipeline Partners
BWP
| $105M | 1.3% |
7,086,950
+2,942,340
| +71% | +$35.8M |
2015 Q1
4 quarters
|
|
19
iShares Core US Aggregate Bond ETF
AGG
$140B
| $102M | 1.27% |
919,076
| – | – |
2013 Q2
11 quarters
|
|
20
KKR & Co
KKR
$84.7B
| $91.2M | 1.14% |
6,219,092
-3,600,200
| -37% | -$49M |
2013 Q2
11 quarters
|
|
21
Gilead Sciences
GILD
$212B
| $80.7M | 1.01% |
880,858
-1,892,412
| -68% | -$171M |
2013 Q2
11 quarters
|
|
|
ETP
22
DELISTED
Energy Transfer Partners, L.P.
ETP
| $71.7M | 0.89% |
2,858,843
+1,661,243
| +139% | +$37.7M |
2014 Q1
8 quarters
|
|
23
DELISTED
EMC CORPORATION
EMC
| $65.6M | 0.82% |
2,462,045
-1,027,522
| -29% | -$26M |
2013 Q2
11 quarters
|
|
|
CDK
24
DELISTED
CDK Global, Inc.
CDK
| $59.8M | 0.75% |
1,285,271
+14,872
| +1% | +$662K |
2015 Q1
4 quarters
|
|
|
25
Goldman Sachs
GS
$260B
| $58.7M | 0.73% |
374,302
-3,444,301
| -90% | -$533M |
2013 Q2
11 quarters
|
|
Similar funds
ING Group's Q1 2016 Portfolio in Review
As of Q1 2016, ING Group held 766 positions worth $8.02B, down 52% from $16.6B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
ING Group withdrew a net $7.92B in Q1 2016, closing 238 positions and reducing 250 holdings. Its most notable exit was Pfizer, an estimated $244M position sold in full.
By sector, the portfolio is most concentrated in Energy at 30% of assets, up from 10% a quarter earlier, followed by Financials and Miscellaneous.
Against the trend, ING Group opened a new position in Enbridge worth $138M.
- ING Group's largest Q1 2016 buy was Enbridge: 3,553,833 shares worth $138M.
- ING Group added most to Air Products & Chemicals in Q1 2016, an estimated $602M increase.
- ING Group's biggest Q1 2016 reduction was Goldman Sachs, cutting an estimated $533M.
- ING Group fully exited Pfizer in Q1 2016, selling an estimated $244M.
- ING Group's ten largest holdings make up 47% of its $8.02B portfolio in Q1 2016.
- ING Group opened 124 new positions and closed 238 in Q1 2016.
- ING Group's portfolio value fell 52% quarter-over-quarter to $8.02B.
Based on ING Group's 13F filing for Q1 2016, filed 12 May 2016.